reddit goes open source — Today we're excited to announce that we're open sourcing reddit. We've always strived to be as open and transparent with our users as possible, and this is the next logical step. When we say ‘open-source’ we mean specifically that the code behind reddit …

Digg this: Reddit goes open source — In the arena of crowd voting sites there is Digg and then there is everyone else. Every once in a while a challenger will come up that looks promising, but it fades away. — For a while that was Netscape (now called Propeller), then it was Mixx …

IE Sends Mozilla a New Cake for Firefox 3 — 14678 people have read this post. — Sean from Microsoft came by just a few minutes ago to drop off a cake for the Internet Explorer team. As people may recall, the IE team sent Mozilla a cake after Firefox 2 shipped and it seems that they wanted to continue the tradition.

The cake is a lie: IE team bakes a treat for Mozilla — In honor of today's Firefox 3 release, Microsoft's Internet Explorer team gave a cake to Mozilla. The tasty treat, which prominently displays IE's blue “e” icon, just arrived here at Mozilla headquarters in Mountain View.

Firefox Reaches Its Goal Despite Site Problems — When the final version of Firefox 3 became available yesterday, it seemed they were going to have a hard time reaching their goal of five million downloads - an arbitrary number, since the record for most software downloads in 24 hours didn't exist before …

Microsoft Announces Acquisition of Navic Networks — Navic enables Microsoft to work with industry partners to optimize the delivery and placement of television advertising. — Microsoft Corp. today announced the acquisition of Navic Networks, a leading provider of television advertising solutions.

‘New York Times’ goes social with TimesPeople — CNET News.com's Caroline McCarthy interviews two NYTimes.com — software engineers for a video in collaboration with Beet.tv. — (Credit: Beet.tv) — The New York Times has added a new feature to its Web site that takes a few cues …

YouTube Shifts Strategy, Tries Long-Form Video — YouTube (GOOG), known for short clips of dogs on skateboards, cats on treadmills, is trying something new: Showing video that is much longer than its previous 10-minute limit. It's something of a test right now, limited to YouTube's …

Xohm WiMAX to go live in September, says Sprint CTO — Now we know. After weeks of speculation as to when Xohm, the WiMAX business unit of Sprint Nextel, would launch commercial services, Barry West, Sprint Nextel CTO and president of Xohm, finally named the month (if not the day).

Is LinkedIn Worth $1 Billion? — LinkedIn Worth $1 billion? — I think so — It is seriously overvalued — I don't care either way. — The big news tonight is business social network LinkedIn raised $53 million in Series D funding at a valuation of $1 billion.

Kid Rock boycotts iTunes over pay — US music star Kid Rock is refusing to put his albums on iTunes because he says artists do not get paid enough for downloads from the Apple store. — Kid Rock is one of the last few acts not fully signed up to the service.

Social Investing Site Covestor Is Now Open to the Public — Covestor, a social investing site where people share the performance of their real stock portfolios, came out of private beta this morning. Now anyone can join, and it is welcoming voyeurs who only want to watch other's performance but not share their own.

An Apple exodus due to low salaries? — Apparently, Apple engineers get paid less than their Silicon Valley peers. Some are speculating that Apple will need to cough up more cash or face a rash of defections. — I doubt it. — For one thing, Apple's engineers also get stock.

Stewart Butterfield's bizarre resignation letter to Yahoo — Stewart Butterfield, the cantankerous cofounder of Flickr, has, as we've noted, tendered his resignation to Yahoo, as has wife and cofounder Caterina Fake. The two recently celebrated, along with Flickr's other original employees …